The price of tender coconut has gone up by Rs 5-10
due to the high demand for it (as summer has commenced) and the drop in
its supply. It is now priced at Rs 35.
While their sales haven’t been affected as a result of the hike, Mumbai’s tender coconut vendors claimed that the wholesale price has gone up sharply in the last one month.
“In the past, we would procure coconuts at Rs 18-22 per unit. At the wholesale market, they are now sold for Rs 28 per unit,” a retailer informed.
Unlike other fruit, tender coconut is not directly controlled by the Agricultural Produce Market Committee (APMC) market.
The commodity is sold at the wholesale price in a number of places across Mumbai and Navi Mumbai. But the price rise has been attributed to the low yield, among other factors.
Dipti Nair, marketing manager, Coconut Development Board of India (CDB), reiterated that the sharp decrease in the output last year had pushed up the prices.
The southern states of Andhra Pradesh, Karnataka and Tamil Nadu are the leading suppliers of tender coconut.
“Andhra Pradesh is, in fact, the leading supplier of tender coconut not only in South India, but across the country as well,” Nair said.
In the past, Karnataka and Kerala were the main suppliers of the nut to Mumbai, but now, the nuts these states deal in are primarily used to manufacture oil.
This was stated was a CDB official, who added that the cost of transportation has gone up, resulting in the drop in the supply of the nuts to the Mumbai market.
The demand for tender coconut water, which is not only a refreshing drink but also nutritious, has seen a tremendous increase in the last few weeks.
Nair said, “Tender coconut water is rich in a number of healthy nutrients, which enhance the metabolic rate and immunity of the body.”
Raju Gupta, a Vashi-based tender coconut water retailer, said the price of tender coconut water was likely to increase as the temperature rose.
“In December, the per unit cost of tender coconut was Rs 25. In the last four months, it has risen by about 40 per cent,” he added.
The daily consumption of tender coconut water was dependent upon the weather. A vendor said that it decreased in winter and witnessed a sharp rise in summer.
He estimated that approximately six to seven lakh nuts are sold in the western metropolis and its suburbs.
While their sales haven’t been affected as a result of the hike, Mumbai’s tender coconut vendors claimed that the wholesale price has gone up sharply in the last one month.
“In the past, we would procure coconuts at Rs 18-22 per unit. At the wholesale market, they are now sold for Rs 28 per unit,” a retailer informed.
Unlike other fruit, tender coconut is not directly controlled by the Agricultural Produce Market Committee (APMC) market.
The commodity is sold at the wholesale price in a number of places across Mumbai and Navi Mumbai. But the price rise has been attributed to the low yield, among other factors.
Dipti Nair, marketing manager, Coconut Development Board of India (CDB), reiterated that the sharp decrease in the output last year had pushed up the prices.
The southern states of Andhra Pradesh, Karnataka and Tamil Nadu are the leading suppliers of tender coconut.
“Andhra Pradesh is, in fact, the leading supplier of tender coconut not only in South India, but across the country as well,” Nair said.
In the past, Karnataka and Kerala were the main suppliers of the nut to Mumbai, but now, the nuts these states deal in are primarily used to manufacture oil.
This was stated was a CDB official, who added that the cost of transportation has gone up, resulting in the drop in the supply of the nuts to the Mumbai market.
The demand for tender coconut water, which is not only a refreshing drink but also nutritious, has seen a tremendous increase in the last few weeks.
Nair said, “Tender coconut water is rich in a number of healthy nutrients, which enhance the metabolic rate and immunity of the body.”
Raju Gupta, a Vashi-based tender coconut water retailer, said the price of tender coconut water was likely to increase as the temperature rose.
“In December, the per unit cost of tender coconut was Rs 25. In the last four months, it has risen by about 40 per cent,” he added.
The daily consumption of tender coconut water was dependent upon the weather. A vendor said that it decreased in winter and witnessed a sharp rise in summer.
He estimated that approximately six to seven lakh nuts are sold in the western metropolis and its suburbs.
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